Progress Energy, Inc.’s subsidiary, Progress Energy Carolinas, Inc. (PEC), recorded a US$7 million liability for the Ward Transformer site in Raleigh, N.C. at June 30, 2009 and Dec. 31, 2008.
In 2004, the U.S. Environmental Protection Agency advised PEC that it…
Holly Corporation’s subsidiary, Navajo Refining Company, L.L.C., continues to be in negotiations with the New Mexico Environment Department (NMED) on environmental matters concerning the refinery at Artesia, N.M.
In October 2008, the NMED issued an Amended Notice of Violation and Proposed…
Occidental Petroleum Corporation, as of June 30, 2009, reserved US$407 million for environmental remediation, according to the Company’s latest quarterly report filed with the Securities and Exchange Commission.
As of June 30, 2009, the Company participated in or monitored remedial activities…
Progress Energy, Inc.’s subsidiary, Progress Energy Florida, Inc. (PEF), spent about US$4 million and accrued about US$2 million related to the remediation of transformers for the three months ended June 30, 2009.
For the six months ended June 30, 2009, PEF…
Integrys Energy Group, Inc., as of June 30, 2009, estimated and accrued US$655.8 million of future undiscounted investigation and cleanup costs for all manufactured gas plant sites as of June 30, 2009.
The Company’s natural gas utilities are responsible for the…
Duke Energy Corporation says that plaintiffs’ appeal over the dismissal of litigation involving carbon dioxide (CO2) is pending.
In July 2004, the states of Connecticut, New York, California, Iowa, New Jersey, Rhode Island, Vermont, Wisconsin and the City of New York…
Valero Energy Corporation says that, on July 9, 2009, the U.S. Environmental Protection Agency issued a demand for a US$1,017,500 stipulated penalty under a Section 114 Consent Decree for an acid gas flaring incident in September 2008 at the Paulsboro…
The U.S. Environmental Protection Agency currently considers Murphy Oil Corporation to be a Potentially Responsible Party (PRP) at two Superfund sites.
The potential total cost to all parties to perform necessary remedial work at these sites may be substantial. However, based…
Progress Energy, Inc.’s subsidiary, Progress Energy Carolinas, Inc., for the three months ended June 30, 2009, spent about US$2 million and accrued about US$1 million for the Ward Transformer site located in Raleigh, N.C. and certain manufactured gas plant (MGP)…
Progress Energy, Inc.’s total accruals for environmental remediation were US$46 million as of June 30, 2009, compared with US$53 million as of Dec. 31, 2008.
The accruals for manufactures gas plant (MGP) and other sites relate to two former MGP sites…